Tag: Chapel Hill

Nigeria Central Bank Vows to Clear Forex Backlog ‘Within a Short Time’

Nigeria Central Bank Vows to Clear Forex Backlog ‘Within a Short Time’

Nigeria’s central bank said it plans to clear a foreign-exchange backlog estimated at about $5 billion within a short space of time as it seeks to att [...]
USD/NGN: Naira: Tinubu Pledges to Ease Liquidity Crunch: Nigeria Summit

USD/NGN: Naira: Tinubu Pledges to Ease Liquidity Crunch: Nigeria Summit

Nigeria expects to receive $10 billion of inflows in the coming weeks that will help ease a liquidity crunch weighing on the naira.The government has [...]
NGN/USD: Nigeria Dollar Supply Jumps After Ban on Some Forex Deals Is Lifted

NGN/USD: Nigeria Dollar Supply Jumps After Ban on Some Forex Deals Is Lifted

Dollar supply in Nigeria soared after the central bank scrapped restrictions on buying foreign currency required to import 43 items, in a bid to stem [...]
NGN/USD: Nigeria Dollar Supply Jumps After Ban on Some Forex Deals Is Lifted

NGN/USD: Nigeria Dollar Supply Jumps After Ban on Some Forex Deals Is Lifted

Dollar supply in Nigeria soared after the central bank scrapped restrictions on buying foreign currency required to import 43 items, in a bid to stem [...]
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